Which has the lower trailing P/E, APP or NBIS?

APP has the lower trailing P/E: APP trades at 35.46 and NBIS at 62.63. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APP or NBIS?

Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus NBIS at -23.11%.

Is APP or NBIS more profitable?

NBIS runs the higher net margin — APP at 64.29% versus NBIS at 95.27%.

AppLovin Corporation (APP) vs Nebius Group N.V. (NBIS)

A side-by-side comparison of AppLovin Corporation and Nebius Group N.V. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

APP

AppLovin Corporation

$140.50B

$418.22TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

NBIS

Nebius Group N.V.

$40.73B

$169.69TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — APP vs NBIS

growth of $100 · dividends reinvested · last 2y

APP +184.2%NBIS +839.4%NBIS compounded faster

APP NBIS

APP vs NBIS: by the numbers

•APP is the larger company ($140.50B vs $40.73B market cap).
•APP trades at the lower trailing earnings multiple (35.46 vs 62.63 P/E), one valuation lens rather than an overall verdict.
•NBIS converts more revenue to profit (95.27% vs 64.29% net margin).
•APP grew revenue faster over the past five years (27.99% vs -23.11% CAGR).

Metrics side by side

Valuation

Metric	APP	NBIS
P/E ratio	35.46	62.63
Forward P/E	25.66	N/A
P/S ratio	22.68	66.12
P/B ratio	59.15	8.02
PEG ratio	0.62	N/A
EV / EBITDA	28.68	N/A
FCF yield	3.15%	N/A

Profitability

Metric	APP	NBIS
Gross margin	88.37%	68.63%
Operating margin	77.09%	-112.53%
Net margin	64.29%	95.27%
ROE	167.67%	11.55%
ROIC	60.71%	-4.75%

Growth (annualized)

Metric	APP	NBIS
Revenue CAGR (5Y)	27.99%	-23.11%
EPS CAGR (5Y)	73.54%	-35.43%
FCF CAGR (5Y)	79.57%	N/A
Total return CAGR (5Y)	45.80%	N/A

Frequently asked

Which has the lower trailing P/E, APP or NBIS?: APP has the lower trailing P/E: APP trades at 35.46 and NBIS at 62.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or NBIS?: Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus NBIS at -23.11%.
Is APP or NBIS more profitable?: NBIS runs the higher net margin — APP at 64.29% versus NBIS at 95.27%.

Go deeper

Full APP analysis Full NBIS analysis Interactive comparison tool

Dig into the metrics

AppLovin P/E ratio Nebius P/E ratio AppLovin dividend yield Nebius dividend yield AppLovin ROE Nebius ROE AppLovin operating margin Nebius operating margin AppLovin revenue growth Nebius revenue growth AppLovin free cash flow Nebius free cash flow

AppLovin & Nebius appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.